Cumberland County
Income Summary

Data last updated on: 4/2/2026     Ownership current as of: 3/23/2026     Tax Year: 2026
REID 0437449837000

 PIN # 0437-44-9837
Location Address Property Description
450 HAY ST 450 HAY LLC RECOMB LO:1 SE:01 PL:0130-0152
   
Property Owner Owner's Mailing Address
PRINCE CHARLES HOLDINGS LLC
PO BOX 650
DURHAM NC 27702
Parcel
Buildings
Misc Improvements
Land
Income
Deeds
Documents
Notes
Sales
Photos
Income Modeling
Income Model Type Apt Mod 10 Luxury Fa
Income Location Excellent
Economic Year Built 2018
Potential Gross Income (PGI)
DescriptionMeasurementUnit QuantityAnnual Unit IncomeAnnual PGI
1 BEDROOMUNITS 37 $14,520.00 $537,240.00
2 BEDROOMUNITS 21 $16,980.00 $356,580.00
STORAGE UNITSUNITS 62 $1,200.00 $74,400.00


Total Units 120
Total Sqft 0
Total Potential Gross Income $968,220.00
Total Potential Gross Income Override $0.00
 
Effective Gross Income (EGI)   NET Expenses

Deductions Total $48,411.00
     Deductions Total (% of PGI) 5.000%
Misc Income $0.00
     Misc Income (% of PGI) 0.000%
Total Effective Gross Income $919,809.00
 
Total Expenses $161,063.00
Total Expenses Override $321,933.15
NET Income $597,875.85
     Percentage of PGI 61.750%
     Percentage of EGI 65.000%
 
Final Value

Income Method Overall Rate
Rate Used 0.086285


Total Value $6,929,082.11
Excess Land $0.00
Furniture, Fixtures, & Equipment $0.00
Additional Buildings $1,554,000.00
Supporting Parcels $0.00
Final Value $8,483,100.00
Final Value Override $0.00